
U.S. Adhesive Market. Analysis and Forecast to 2025
Update: COVID-19 Impact
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U.S.: Adhesive Market 2022
Adhesive Market Size in the U.S.
In 2021, the U.S. adhesive market increased by X% to $X for the first time since 2018, thus ending a two-year declining trend. Overall, consumption posted a notable increase. As a result, consumption attained the peak level of $X. From 2019 to 2021, the growth of the market remained at a lower figure.
Adhesive Production in the U.S.
In value terms, adhesive production stood at $X in 2021. In general, production showed a noticeable increase. The growth pace was the most rapid in 2017 with an increase of X%. Over the period under review, production reached the maximum level at $X in 2018; however, from 2019 to 2021, production remained at a lower figure.
Adhesive Exports
Exports from the U.S.
After two years of growth, shipments abroad of adhesives decreased by -X% to X tonnes in 2021. Over the period under review, exports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tonnes. From 2015 to 2021, the growth of the exports remained at a somewhat lower figure.
In value terms, adhesive exports skyrocketed to $X in 2021. Overall, exports, however, continue to indicate moderate growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Exports by Country
Canada (X tonnes), Mexico (X tonnes) and China (X tonnes) were the main destinations of adhesive exports from the United States, with a combined X% share of total exports. These countries were followed by Brazil, Panama, Vietnam, Germany, South Korea, Thailand and Costa Rica, which together accounted for a further X 2013 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Vietnam (with a CAGR of +X%), while the other leaders experienced more modest paces of growth.
In value terms, the largest markets for adhesive exported from the United States were Canada ($X), Mexico ($X) and China ($X), with a combined X% share of total exports. Germany, Thailand, Vietnam, South Korea, Brazil, Costa Rica and Panama lagged somewhat behind, together comprising a further X, with a CAGR of +X%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Export Prices by Country
In 2021, the average adhesive export price amounted to $X per tonne, growing by X% against the previous year. In general, the export price posted modest growth. The most prominent rate of growth was recorded in 2015 an increase of X%. The export price peaked at $X per tonne in 2018; however, from 2019 to 2021, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Germany ($X per tonne), while the average price for exports to Panama ($X per tonne) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+X%), while the prices for the other major destinations experienced more modest paces of growth.
Adhesive Imports
Imports into the U.S.
In 2021, approx. X tonnes of adhesives were imported into the United States; rising by X% compared with the previous year's figure. In general, imports continue to indicate resilient growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, adhesive imports surged to $X in 2021. Overall, imports enjoyed a strong increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Imports by Country
Canada (X tonnes), Germany (X tonnes) and Mexico (X tonnes) were the main suppliers of adhesive imports to the United States, with a combined X% share of total imports. These countries were followed by China, the Netherlands, the UK, France, South Korea, Belgium, Estonia, Italy and Poland, which together accounted for a further X 2013 to 2021, the biggest increases were in Poland (with a CAGR of +X%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, Germany ($X), Canada ($X) and Mexico ($X) were the largest adhesive suppliers to the United States, with a combined X% share of total imports. These countries were followed by China, South Korea, the UK, the Netherlands, France, Belgium, Italy, Estonia and Poland, which together accounted for a further X the main suppliers, Poland, with a CAGR of +X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
In 2021, the average adhesive import price amounted to $X per tonne, shrinking by -X% against the previous year. In general, the import price saw a perceptible shrinkage. The most prominent rate of growth was recorded in 2016 an increase of X% against the previous year. Over the period under review, average import prices hit record highs at $X per tonne in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was South Korea ($X per tonne), while the price for Mexico ($X per tonne) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+X%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2021 | 2007-2021 | 2022-2030 | US$, Tonnes |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the adhesive market in the U.S.. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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